Solar takes the lead with 2GW haul

Solar projects totalling just under 2GW have secured CfDs in the latest Allocation Round, the most of any technology. Around 400MW is to be delivered in 2025-2026, 150MW in 2026-2027 and 1.4GW in 2027-2028, according to the results. The strike price for all projects is £47 per megawatt-hour. The largest successful scheme is being developed by Enso in England. The name of the 57MW project has not been disclosed. Fifteen projects of around 50MW were also backed in the round. Low Carbon has been offered contracts for ten solar projects with a capacity of more than 350MWp. Chief investment officer at Low Carbon, Steve Mack said: "Together these projects, coupled with more than 300MWp we secured in last year's auction, will play an important role in supporting the rollout of solar energy across the UK and provide investment certainty in the solar supply chain as we look to make further progress on reaching net zero. "They will also make a material contribution to the UK’s energy security and cut bills for consumers, while creating further momentum for our own ambition of delivering 20GW of